Institute for the Study of Succession and Continuity

Photo by Chris Greenburg,
By Boni L. Lord
updated Oct. 13, 2008 
(page 3 of 4)
Our researchers here are continuously gathering evidence to prove that the War on Terror is more economic than military, and more strategic in importance. How many presidents can boast of having the mind of a corporate CEO and a government’s Chief Executive at the same time? Mind you, George W. is not only doing this for the fifty states but for the democracies and markets of six continents.  
One example can be found in the book The Three Trillion Dollar War by Joseph Stiglitz and Linda Bilmes. In it, the authors assert that the direct cost of the War on Terror is $800 billion, add to that the “conservative estimate of health care and disability compensation for the veterans, plus the cost of ongoing fighting, replacing military equipment, and paying interest on the money we borrowed.” They arrive at the staggering cost of thirteen figures.
It presents the pay-from-wallet-to-the-cashier mentality – we pay, we get the benefit of a product or service, and then we go home. End of the deal.
What they fail to mention is wealth cannot be destroyed. Similar to the laws of matter, it can only be transformed from one form to another. Assuming their figures are correct, three trillion dollars were invested by the United States government to protect freedom, democracy and capitalism; an amount of money seemingly unimaginable to everyday Americans yet it can prop up an entire civilization.
Without that $3 trillion investment today’s financial crisis could be much, much worse. Remember, it was the American government-driven war spending that helped drive a global economy. But we won’t speculate and get into that theory of trickle-down economics. It’s up to you check your textbooks.
What we will get into is the fact that the political and military muscles of the United States remain strong, although the economic pecs need some major workout.
The War on Terror will continue to create jobs and drive economic expansion in ways that are incomprehensible to most people.
The evolving new role of the brave American and coalition soldiers is to directly safeguard the global political economy. No president or head of state will admit, or will ever admit, that soldiers were sent to the warfront to die in order to protect free-markets. It is a statement too insensitive for the public’s taste. Yet anyone will agree that is exactly what they are prepared to do, and what some men of honor have already done. We are seeing the immediate consequences of the battles of our brave American soldiers which no financial expert in Wall Street can ever match.
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